Xchanging Solutions to reduce stake in subsidiary company

23 Apr 2019

Xchanging Solutions has received Board’s approval for the reduction of share capital of Xchanging Solutions (Europe) (XSEL), wholly owned subsidiary from Pound sterling 2,664,278 divided into 2,664,278 shares of Pound sterling 1 each, to Pound sterling 1 divided into 1 share of Pound sterling 1 each and that the amount of the reduction be credited to the distributable reserves of the XSEL.

Xchanging Solutions is engaged in business process outsourcing and information technology services.

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